RIMSec July Research Report

It has certainly been a while since I posted and, no, this blog is still active and hopefully I’ll be able to produce some good stuff sooner than later. Lots of analysis done, some interesting stuff too, just need the time to write it up. Anyway, I digress…

I’ve just finished a short little Research paper for Rim Securities and if anyone’s interested it can be downloaded here. The report contains my thoughts on markets and the RBA actions which is pretty simple really…I believe

Australian economy is weakening such that 25bps is coming off the RBA cash rate next month,

Aussie dollar is the current key for the Australian economy and should stay relatively low (compared to the last 12 months),

Bernanke’s comments have possibly put risky markets more or less back on their trajectory pre-22 May, BUT

Bernanke’s comments can be brutal on risky markets as the 10% correction in the 3 weeks from 22 May showed…oh yeah, Bernanke stopped the correction with his media release saying he’s not stopping the money print!…so don’t overexpose to risky assets in case he changes his mind!